Broadcom is assembling a financing package of about $60 billion to pay for AI chips and computing capacity for Anthropic, according to a Bloomberg report carried by the publisher. It is described as a $42 billion Class A senior secured tranche arranged by a group of Wall Street banks and an $18 billion Class B junior tranche led by Blackstone, which is putting in $9 billion of its own money and syndicating the rest. Neither company commented and the deal has not been formally announced.
Why it matters for listed companies
The finance angle is who carries the bill for AI compute. Per the report, Broadcom agreed to lend Anthropic up to $42 billion, and Anthropic has committed $125.2 billion over five years for tensor processing unit capacity. The chip supplier is in effect financing its own customer, with banks and private credit taking the debt: Broadcom books the chip revenue, lenders earn the interest, and the repayment rests on Anthropic's future revenue. It follows a $35 billion transaction earlier this year involving Broadcom, Blackstone and Apollo. These figures are from an unconfirmed report.
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